"v . . .,
SECTION THREE
REAL ESTATE, BUILDING
V ' WANT ADS
TWELVE PAGES r
MARKETS, FINANCE
MARINE, LUMBER
4 .
PORTLAND, OREGON. SUNDAY MORNING, SEPTEMBER 12, 1820.
TdSingil
are enumerated
-
Mental Competency of Testator
and Careful Choice of Executor
to Administer Estate Essential.
Two polnti of cardinal Importance
in drawing a will are these: Td be
aura you are In & rational state of
ralnd and able to consider falrly'the
Jnteresta'of all members of you
family and other prospective heir1.
and to consider carefully who best
is able to handle your affairs to re
alize the maximum' 'amount from
your estate. ": , .
"I have not been fairly considered and
win certainly contest the will." Is an
-expression of feeling; too often heard
sfrom the heirs of people who have passed
on, and the rancor behind thin expres
sion has been the. cause of much needless
dissension and expensive litigation. So
common was the habit of will breaking
a few decades ago that the f imlly dis
cord which produced It became a pop
ular basia for melodrama and the staff
ing ot these dramas had a beneficial ef
fect and resulted in greater care being
exercised in preparing wills.
FAVOIIITISM FKACTICED
One of the mont common causes of
litigation Is the impulse which prompts
many men to make their wills while in
the heat of passion and while not able
rationally to consider the results of their
action. There are few families in which
the jH rents do not have a iavorlte
someone posHlbly who has shown a
greater degree of affection to the par
ents than other members of the family
or through circumstance has been more
closely associated with them.
Feeling that they have a moral right
to bestow their estate upon whom they
please, parents not infrequently bequeath
a larger portion to the favorite than to
Ihe other hetrs.
Oftentimes antipathy to a marriage
which was looked upon with disfavor by
the parents, and to which they never
have been reconciled, is reflected In the
terms of a will and leadH to long and
expensive litigation. It may be that an
erring son or daughter has been severed
from home ties and the Implacable spirit
of the parents speaks through the will
and brings on dissension unions the
legal heirs. "
:rnK4i'iit'E is factoii
' Too many people make their .wills
while under the Influence of prejudice,
little thinking what the future may hold
for their heirs. An Infinite amount of
litigation and no end of discord could
be avoided by a fair and unprejudiced
division of estates in the terms of prop
erly drawn wills. It must also be re
membered that recognition on an equal
basis with other members of the family
would have a tendency to restore the
confidence of the errine member and
put him on his feet again.
It Is with these thoughts In mind that
all should make their wills. The best
procedure Is to first consult your law
yer and explain .fully your wishes for
all members of ybur family and others
you wish to remember. You need not be
afraid of your lawyer breaking your
confidence. Confidential service is one
of the first requisites of a good lawyer.
Tou should InstrwH him to draft a will
for you. Carefully think over your be
quests and see that the rough draft of
your will conforms with your desires.
If you take sufficient time "to do this,
you will generally be able to provide In
a fair and Just manner for all. Then
Instruct your lawyer to prepare the final
draft which you execute before two wit
nesses; as required by law.
fJOXTFNTS COSTLY
HYequently our courts have long drawn
out will contests before them, which
would be needless If all wills were drawn
when the testator was 'not biased or
prejudiced against some member of the
family. Very few wills are broken by
court action, but such suits are invar
iably lengthy and expensive. The costs
are not only heavy on the litigants, but
on the taxpsyers as well, as they pay
the salaries of the judges. Other liti
gation more vitally affecting the people
is considerably delayed. Most estates
are depleted and wasted to almost
nothing through the necessity of paying
lawyers' fees and other expenses in de
fending art ions brought by dissatisfied
heirs. In Multnomah county alone there
pave been several will contests of late
yers which have each taken up con
siderable time. As examples of the re
Suits obtained, the last two wills -contestedthe
Xrtrlfa J. Falling and IL L.
IMttock contests have both been upheld
in the courts.
Another polni of dissension Is one that
Is hardly unW itandable to the lawyer
or trust officii-. Many 'heirs, or close
friends, feel thl they should be appoint
ed executor '-f the estate, and many
quarrels aris over this appointment If
Ho executor !j provided for In the will.
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The above shows the residence on iharfceautlfur t-tcrt tract which 1 am offerlnr
i?5 - - !. f.xc?ll2,',y 1ow figure ot $11,000.' Th property is situated near
Ryan nd 'Multnomah -Statloss on the. Oregon -Klectrtc-about 4H miles from the
f Hi l. .k Portland-, accessible by good Improved county road and about
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n yvm.uiua, m ore ura an
and tor fhai reason tm sacriftcbig at the above ttsrure.
Obtained kg consulting the Exclusive Sales Agent 4
BEN RIESLAND
PLATT BUILDING
HIGH CLASS HOMES FIND WAITING MARKET
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Increase In the number of transfers of high class, residence property Is
a euro index of a healthy toned realty market. Among the recent
sales reported are the following: Above, left House at 1027 West-
ovcr Road, sold by Mrs. W. Mescrve to Dr. William Cavanagb for
$15,000. Right II. M. Reeves homo at 840 Hm bolt avenue. Alamo
da Park, purchased by Ralph Stevens for $10,000. Below House
at S05 Kast Thirty-elgbth street north, sold by W. W. McCredle to
E. . IValey for $5000.
or In the event of the executor being
disqualified.
MANY INCOMPETENT
Comparatively few people realize that
everybody has not the proper training
or qualifications to act In these capa
cities. Many problems of finance arise
which are beyond the province of the
average person, and heavy losses are
sustained by estates as a result of same.
Fortunately for the public, all of our
large financial institutions are always
willing to give advice on financial mat
ters, and such advice is from experts
trained In their respective departments.
Modern business requrements have k also
developed In the trust company a cor
porate executor or administrator who
knows no prejudice or family dlffer
encesi and who has the facilities and
organisation to properly function. It
also overcomes the danger of the execu
tor tr administrator dying, and the es
tate passing into Incompetent hands, or
being wasted through the executor or
administrator) becoming incompetent
through advancing age or sickness.
Strong Movement in
Irvington Property
The T. R Neuhausen company re
ports the following sales of recent
date: Walter Reed's home In Kast
Eighteenth near Knott street to J. J.
Thurston, who is moving to Portland
from Suver, Or. ; consideration. S8500
cash. H. M. Reeves' home In Alameda
Park on Ilamblet avenue to Rolf Ste
vens : consideration. $10,000. William
Holden's home on Kast Eleventh street
north to Robert Mcintosh ; considera
tion. 17000 cash. . R. .Allen's home
6n East Twentieth street to 8. B. Tur
ner; consideration, $7500. Mrs. A. Kle
sendahl's home on East Broadway to
11. M. Bole for 18500. Sale of several
lots in the Irvington district to parties
who have already started to build is
also reported.
Portland Architect
Secures Astoria Job
Plans prepared by Newton C. Gaunt
have, been selected for a new fire sta
tion at Astoria. The building will be
of the bungalow type and is estimated
to cost approximately $8000. Contracts
for its construction were awarded to
Waupio & Jonte.
Aberdeen Building Active.
Aberdeen. Wash.. Sept. 11. Over $20.
000 worth of building permits were is
sued for construction work in Aberdeen
(Jurlng the month ot August., according
to a report just issued by the building
inspector.
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an ideal country home. About Z acres
sklunj difa , Owner
Owner compelled to seU
Full .particulars may be
117 r abe: st&eet
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ASSURED ALBANY
Cremona Company of Portland
Buys Location and Will Ex
pend $25,000 on Outfit.
4?"
Albany, pept. 11. Announcement
was made here this week that the
Cremona phonograph company of
Portland hag purchased the factory
building of the Albany Furniture
Manufacturing company for the
purpose of establishing a phono
graph manufacturing p'iant here.
According to L. E. Gilham, general
manager of.' the Cremona company, and
G. J. Eaton, who will be manager of
ihe local plant, an Investment of $25,000
in new machinery will be made and
from 30 to lbo men employed.
Manufacture of phonographs Is to be
gin here Monday, according to officials
of the Cremona company. a.nd SO expert
phonograph;-manufacturers will be em
ployed immediately. Within a "year s
time the new concern wiM be turning
out 70 phonographs per day and will
have a payroll of more than S 150,000
annually, Gilham stated.
Work is to begin immediately on sev
eral new buildings, including a concrete
office building and storehouses for lum
ber and hardware. A portion of - the
machinery used In the furniture slant
will be retained for the manufacture of
phonographs and the Cremona plant at
Portland will be moved here.
- Business offices of the Cremona com
pany will ' remain at Portland and
branches will be established at Seattle.
Spokane. San Francisco and Los An
geles. Officers of the Albany Furniture
Manufacturing company aire R E. Brls
low. president : Fletcher Linn of Port
land, vice president; W. A. Barrett sec
retary-treasurer, and P. A. Goodwin
manager.
PHONOGRAPH PLAN
NEW WADHAMS & KERR BUILDING
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Three tory, brick and concrete rtractnre :Jnst 'completed' fwAJexander a Kerr at th aotathweat corner of
j TtUrleoitth and Everett a-rcets at a .cost of $60,000. ,
A three story brick and concrete block
covering si quarter block at the south
west corner ot Thirteenth and Everett
streets haa hut been completed for Alex
ander H. Kerr. . Plans were 'prepared by
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General 0. H.Martin
Inspects Properties
In Irvington Tract
.Expressing surprise and gratification
at the progreas made In the development
of the Irvington addition during the last
year. Brigadier Oeneral Charles' Ii.
Martin completed 1 inspection of his prop
erties in that section tf the city Friday
afternoon. General Martin is a son-in-law
of Ellis G. Hughes, - who platted
Irvington, and has Just returned after
an absence of over a year to make his
home in Portland.
According tip Ritter, Lowe Jk Co., who
are handling the Hughes and Martin
Interests in Irvington, there are now
only about 150 building sites remaining'
to be sold. Movement of vacant prop
erty in this district has been rapid dur
ing he past few months, and a large
number of new residences have been
built.
General Charles H. Martin was for
merly in command of the (1st division
of the American army in France. He
la now inspector general of recruiting
stations and will remain here for several
months.
Building Is Leased
As Hotel Project
E. C. Dunning has leased the two up
per stories of the new three story build
ing at the northwest corner of Broadway
and Ankeny street to G. M. Parker for
a five vear neriod at a monthly rental
of $560. There are (ft rooms in the two
stories and they wjll be equipped for
hotel purposes. The ground floor apace
will be occupied as a sales agency by an
automobile concern. The lease was
handled by Ritter, Lowe A Co.
Front Street Parcel
Bought for $10,000
H. Epstein last week purchased from
Henry Heura a GOxlOO-foot parcel on
the south side of FYont street between
Mill and Montgomery streets for a con
sideration of $10,000. The ground is
occupied by a one-story corrugated iron
building, which will be used by the
purchaser as a storehouse for hides and
peltry. The deal was handled by Fred
Reverman of Wakefield, Fries A Co.
Dormitory Building
To Be Constructed
Contracts have been let for the erec
tion of a dormitory building in Borth
wick; street for the North Pacific Evan
gelical society. Plans prepared by P.
Chapell Browne call for t three story
and basement building, 4$ by $6 feet in
dimensions, of hollow tile construction.
Estimated cost is $30,000.
King Company Ballds Homes
, The Dalles, Sept. 11. Twenty houses
will be erected Immediately to accom
modate employes of the King Dehy
drating company, according to C. C.
Ross, Ideal manager of the concern.
Plans call for four family apartment
houses equipped for light housekeeping.
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Strong MacXaughton -and U8 cost of
construction was approximately $50,000.
, . Tbe two lower floors,, containing 20.000
square feet of floor space,, are occupied
by . the Kdisonl . Phonograph .company.
lJlflai:v
REALTORS URGED
TO ITCH LAWS
AFFECTING TAXES
f
President Taylor of the National
Board Stresses Importance f
Studying All Legislation.
In a presidential message ad
dressed to hia fellow realtors through
the medium of the National Real
Estate Journal of Chicago, F. E.
Taylor ot Portland, president of the
National Association of Real Estate
Boards, stresses the importance of
watching all legislation affecting
rentals and taxes, and promises that
sill legislative bodies, including con
gress,' the state legislatures and city
councils, will be furnished with ac
curate and detailed data showing the
fairness or unfairness . of measures
dealing with real property.
Taylor credits the average legislator
with honesty and conscience, but points
out that he is so busy considering com
plicated measures that are1 thrown at
him one right after another, -that be
seldom, has time to analyse alt meas
ures carefully and that as.aonse
quence, many ill-advised bills become
la.
SEEDS HE PRESENTATION
While many commercial businesses
maintain permanent legislative bureaus
who make a study of all legislation re
lating to their particular trades, the
great Interest of real estate, which bears
70 per cent of -all taxation in this coun
try, has not been represented as force
fully as it should have been in legisla
Uve councifs, the Portland realtor says.
To work In supplement with the com
mittee on national legislation, a new bu
reau on research and publicity is now
being organized by the National Associa
tion of Real Estate Boards and Taylor
predicts notable results In the campaign
to secure Just and equitable laws govern
ing' property and income. Following Is
President Taylor's message on "National
Legislation," appearing in the Chicago
publication :
"It is a rather curious thing that the
great interest of real estate, which car
ries approximately 70 per cent of the en
tire tax burden of the country, has had
no formal organization to appear as its
representative before the various legis
lative bodies that determine matters of
taxation.
HIGHLY OEOANIIED BUREAUS
"The men engaged In nearly every
other line of man's endeavor, including
many businesses that might be termed
subordinate or secondary, have estab
lished well-equipped, highly organized
legislative committees or bureaus which
have' influenced legislation In some in
stances very materially to the advantage
o$ the Interests so represented.
"The time has now come when the
National Association of Real Estate
Boards has grown to such stature that it
can and will speak authoritatively to
legislative bodies on legislation affecting
real estate. I am sure no realtor would
countenance a professional lobby or pre
sume to voice any demands or threats. A
questionable course is not necessary and
we, as members of an organization
founded absolutely on ethical grounds,
would not resort to it even if it did seerd
Imperative under a severe emergency
"Therefore the senators and congress
men at Washington are more than glad
to consult with the members of our com
mittee on national legislation, each mem
ber of which Is a recognized authority on
the broad subject of real estate, and the
state legislators and city councllmen of
the country at large will no doubt open
their arms and their minds to the spokes
men of the research bureau who will,
from time to time, furnish information
end data covering proposed legislation
affecting rentals and taxes.
"It was extremely gratifying to ob
serve how enthusiastically the delegates
to the Kansas City convention received
the recommendations of the finance
committee and responded with sustain
ing memberships is the research and
publicity division. Armed with the lib
eral fund which has already been ac
cumulated we have a right to expect
that this division will accomplish not
able results In the campaign secure
Just and equitable laws governing prop
erty and Income."
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and the third floor by the Wad hams A
Kerr company, who also occupy an ad
Joining building. Lease negotiations re
sulting m the erection of the building
ere handled by J. Fred StAver, .realtor,
STUDENTS
LUNG
T
AT UNIVERSITY
Campaign on zX Eugene : for the
Benefit of University Patrons
During Jhis College Year.
' University of Oregon, Eugene.
Sept. 11, A campaign to list all
available rooms and hoarding houses
for use of University of oYegon stu
dents this fall will be started Tues
day with aiouse-to-house canvass
of the section of Eugene nearest thai
university. All accommodations thus
listed will be card-indexed, and stu
dents will be directed to rooms by
an information staff.
The university Is undertaking the task
of supplying every student with housing
accommodations for the coming year.
Last year, the supply of rooms exceeded
the number of students, and it is ex
pected , that no' difficulty will . be en
countered this year In accommodating
the increased enrollment expected.
BUSINESS M5 HELP
The housing campaign is in charge ot
Prefeasor H- A. Clark.
'Earnest co-operation by the business
men and citizens of Eugene hat been
promised the university in obtaining
rooms for students. Originally Eugene
business, men contemplated erecting a
dormitory for men by means of a citi
zens holding company, but this plan was
deemed unfeasible. The Eugene Cham
ber of Commerce will actively cooperate
In listing available bousing facilities
this year.
The second unit of the women's dor
mitory is not expected to be completed
until after school has opened, so that
temporary housing facilities for women
will also be listed.
TO RUSH WORK
On the theory that men can accustom
themselves to living conditions more
easily than women, work on the new
women's dormitory will be rushed, so
that it may be occupied as early as
possible.
Fraternities and local organisations
last year accommodated approximately
one-half of the students, while two dor
mitories furnished housing for a large
shareo f the remainder. All rooms listed
during the campaign to be started next
week will be close to the university and
easy of access,
Alfalfa -and Sold
Freewater, Sept 11. William Records
of Umaplne has sold his 40 acre tract of
alfalfa land to Edwin Morrison of Union
county for a consideration of $18,000.
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Eoseburg Housing-:
rii j v rt '. : . t
situation serious;
Renters 'Sold Out1
-toaeburg, Sept. IL The matter of
bousing people in Roseburg is proving
one of the most serious propositions the
cits has. ever, faced. Many people who
hay rented. houses .And -laid in their
winter's wood and coal supply, wake up
In (he morning to Iq'd that the house
baa "been sold and they have to move.
H E. Haslett the new county agent
who recently arrived from the East
says that Roseburg should build more
houses and charge more rent The aver
age hotise In Massachusetts rents from
$36 to $46 per month, while in Roseburg
they rent from $16 to $15. ,
The housing problem bas caused sev
eral families te have to leave the city
recently on- account of having no place
to live. At times bidding on houses to
get them was tried, but no assurance
of keeping them any length of time waa
given, and people are running all over
the city to find living quarters. There
are several new residences being built,
but these will not afford any great re
lief, as the house they have been occu
pying has been sold, forcing them out
F. L.McQuire Breaks
former Sales Record
Realty dealers agree that September
haa started off with an unprecedented
demand tor residence oropbrty. and
every agency In the city Is busy mak
ing transfers of dwelling houses. Frank
L .McGulre reports that for the first
10 days of the month his salesmen han
dled 45 deals, valued at $161,835.
This volume of business is greater
than that handled during any similar
period In the history of the McQuire
agency, according to the head of the
concern. During the first 10 days of
August which was the best month on
record In residence sales. McOuire re
ported 33 sales, valued at $107,840, and
for the first 10 days of September, 1919,
2S sales valued at 7,30.
Kaufman Purchases
Building on Third
The two-story brick building at 86
Third street was sold last week by M.
Gllckman to L Kaufman for $15,000.
The property haa a frontage of 48 feet
on Third street and a depth of 70 feet
The purchaser will occupy the building
with a hat store.
Contractors Want Wire
Ashland. Sept 11. Contractors start
lng work on the new concrete Ford
garage are unable to get wire from
dealers and are asking the farmers te
look up used wire and sell to them. This
new building will be on the flasa and
when finished will be one of the hand
somest garages In this part of the state.
4
7 Wv iuu s-
THE BEST WAY for people of influence and ;
standing to set an example for other and
demonstrate faith in -their community if. to "
build and own their homea. ' ' t
Go up on Wettover Terrace. From it com
mand in g position look over, Portland., Note
the wide sweep of territory mile on mile
covered with structures. The overwhelming
majority are HOMES.
Why not build now? Provide yourself with' a
real home and help beautify your city. - No
sites offer a more wonderful opportunity - than
these famous -kid easily accessible terraces. .'
Now is the time to build. Gist won't drop.
Instead, value will increase. , In Dun' Septem
ber review appears this statement t "The de
mand for homes which marked the last half
decade (five years) must continue over another
half decade." '
There are only a limited;!: number of site on
beautiful Westover. Build on one of them. Help
build YOUR city.; i :
... A
Ji Jarold Jungck; Secretary
International Realty A$sociate, Ovoneti
1Z07 Yeon BUg. Phone Mqr. 630. Ree. . T9S9
LEGISLAIESPACE
INTERS ACTIVE
IW STATE CAPITOL'
Industrial Accident and Highway
Commissions Must Seek Quar
ters Elsewhere for Their Stiffs
Salem, Sept. 11. The forthcom
ing legislative session haa already
cast its ominous shadows before,
and at least two state departments
have already, begun looking for
temporary quarters wherein to
house their staffs during the so
journ of the. 'solons. beneath the
dome of the capltol building. ,
Secretary of State Kbser, whose doty
K is to prepare for the reception of the
lawmakers, has already served notice on
the state Industrial accident commission
and the state highway department that
tha legislative committee rooms which
these two departments occupy must be
vacated by December 1. i
In the case of the highway depart
ment this vacation order cover six
committee rooms en the third floor of
the capltol. (Some 40 employes In the
drafting, auditing and supply depart
ments of the highway commission art
now quartered In. these rooms. Three
rooms immediately back of the senate
chamber are occupied by the statement
and computing departments of the state
industrial accident commission, and
these, too, must be vacated In ample
time to make way for the coming of the
legislators.
With office buildings In 8alem fairly
well filled the solution of the bousing
problem presented by the order to va
cate these quarters Is by no means easy
of solution.
Machinery baa been Invented for re
moving the pulp from unmarketable
citrus fruit so that it can be utilised for
many purposes. 4
DO NT WAIT FOR YOUR
SHIP TO COME IN
SET SAIL TO MEET IT ;
Don't wait till your "Rich Uncle"
dies before you remodel that ZO-y ear
old bathroom. The cost of a new set
of fixtures, snow white, modern, man
ltary, easy to clean and keep clean,
after all. Is not so great We'll help
you finance it. too, with our trade
acceptance pian.
ALASKA PLUMBING
& HEATING CO.
418 E. MOKBISOK. KAST 8$U.
Mr
Portland i Best View HomcKtes
.J